Solution
We want to make our ready-to-use platform available to as many corporations around the world who are committed to reducing waste as possible.
Our platform is industry-agnostic and raw material-agnostic. We help you implement the system for your products and you pay us a partially volume-dependent license fee for its use.
How It Works ?
Recyclium wants to make its ready-to-use platform available to as many corporations around the world who are committed to reducing waste. Our platform is industry-agnostic, raw material-agnostic and can be made available in different languages. We help you implement the system for your products and you pay us a partially volume-dependent license feefor its use.
Create
Recyclium makes QR codes available to the corporate user which get printed on their products. Our app recognises the codes.
Download
The collector downloads the app from the app store. Upon downloading a personal wallet is opened for the collector on the blockchain.
Collect
When a collector scans a QR code on an item he the product information and its location is sent to you. Once the QR code is scanned by a recognized depot a stablecoin incentive payment to the collector is released.
Earn
Customers earn an incentive for supporting the tracking of recyclables and returning them to the collection spot in a form of a digital currency, UPI transfer, discount or loyalty points.
The Outcome
The packaging is returned to the manufacturer by storers in larger batches to be reused or recycled, thus, helping to mitigate possible shortfalls in sourcing of raw materials. Our technological solutions for transparency and product tracing can help companies achieve theirs sustainability goals, thereby enhancing manufacturers’ positive reputations:
With the ultimate goal of managing all waste throughout its life cycle, in accordance with agreed-upon international frameworks, and significantly reducing air, water, and soil pollution and its negative impact on human health and the environment. Furthermore, Recyclium will enable the adoption of sustainable practises and the incorporation of sustainability data into reporting practices.
Industries
Recyclium’s innovative approach to recycling, powered by blockchain technology, offers a wide range of applications across various industries.
- Sourcing of selected raw materials
- Immutable data for ESG reporting
- Meeting SDGs
- Single unit track and trace
- Proven record of taking honest responsibility
- Reduced costs by saving EPR taxes
- Improved brand reputation
- Access to data: customer behaviour & product journey
- Improved consumer adoption across continents
Food and Beverage
Plastic and glass bottles, aluminum cans, food packaging such as containers, and boxes
Electronics
Mobile phones, household appliances, circuit boards, motors, batteries, Ink cardridges
Textiles
Clothing items, shoes, bags, and other accessories, fabrics
Tyres
Automotive, bike, scooter batteries
Pharmaceutical
Expired drugs, medicine packaging including plastic pill bottles, blister packs and boxes
Cosmetics & Supplements
Plastic and glass containers, tubes
ESG
Our platform is designed to help companies not only meet but exceed their Environmental, Social, and Governance (ESG) goals. We believe that responsible business is good business, and we are here to help you prove it.
ESG reporting regulations get tighter every week, already 500000 companies need to report to ESG. Recyclium’s technology enables companies to track and manage their waste and recycling efforts in real time. By providing a transparent, blockchain-based system, we empower businesses to reduce their environmental footprint, optimize resource use, and contribute to a circular economy. Participation in the system provides a genuine commitment to recycling through a bounty system that rewards collectors for returning products / packaging to producers - without the need for expensive collecting devices.
ESGs at Recyclium - Empowering Sustainable Business Practices
Key Features
Real-Time Waste Tracking
Recyclium allows registration of any product or packaging and even single use plastics can be tracked & traced.
Immutable data for ESG reporting
Our database will have a wealth of data regarding the product’s journey from the manufacturer through customers and recycling sites, offering significant insight into customer behaviour allowing optimisation of production and distribution lines.
Recyclium database can include label information
It can even provide further insight into the origin of components in the product and manufacture dates, eventually eliminating the need for labels.
Real-Time Waste Tracking
Recyclium allows registration of any product or packaging and even single use plastics can be tracked & traced.
Manufacturer’s missions can be targeted at specific locations
Companies can reduce expenses by avoiding EPR taxes (packaging/plastic taxes)
Social Impact
Recyclium’s platform cultivates positive social impact, providing economic opportunities via recyclable collection. This is particularly transformative in developing regions, where infrastructure for waste management may be lacking. Our system instigates a cycle of environmental sustainability and economic stimulation.
Monetary incentive
Source of primary or secondary income
Inclusive system requiring no KYC or bank account
Recyclium allows registration of any product or packaging and even single use plastics can be tracked & traced.
Security
Bounty paid in a stable digital currency, via UPI transfer, discount.
Contribution
Cleaner environment in place of living
Generating new jobs in the sustainable economy sector
Awareness and Empowerment
Building a mindset for recycling
Data
Understanding of the need for recycling facilities
Support in execution of environmental programs
Regulation
Direct proof against greenwashing
SDGs
Recyclium’s innovative approach to recycling, powered by blockchain technology, offers a wide range of applications across various industries.
In 2016, 17 SDGs were introduced by the United Nations to assure a better and greener future for the next generations
Recyclium will address several SDGs at once, and while helping to combat global pollution and climate change effects, it will provide people with opportunities to earn money by collecting recyclables where it is needed the most. We believe that the SDGs can be a win-win situation for everyone, so our primary focus aligns with today’s most sustainability goals to make the company’s efforts environmentally positive while also improving transparency both to institutions and customers.
Circular economy: In addition of Circular economy related graphic or animation International and local governments have already begun to develop legislation to support the circular economy. The circular economy concept is closely linked to long-term SDGs. With anticipated developments such as the establishment of the International Sustainability Standard Board and the acceleration of ESG information reporting, the ESG regulatory framework will become fully ingrained in how firms function in the future, involving all market participants. Strict compliance with government regulations regarding how certain types of hazardous or non-biodegradable materials should be handled when produced or disposed also helps ensure that these materials are managed effectively from start to finish.
Technology
Recyclium’s innovative approach to recycling, powered by blockchain technology, offers a wide range of applications across various industries.
A blockchain-based bounty system that tracks products and recyclables, and allows them to be returned to producers while fairly rewarding collectors.
Recyclium is powered by a cutting-edge, organization-focused blockchain solutions customized specifically for Recyclium by our tech partners: DataUnion Foundation and Blockcontrol, offer the technological bedrock for manufacturers, enabling swift adoption of tracing technologies in product manufacturing lines via a trusted platform tailored to customers’ needs.
The Recyclium App plays a pivotal role in the functionality of our system. Manufacturers can use the app to create campaigns for the products they upload to our database. In turn, consumers can monitor these campaigns, register purchased items, and determine product compatibility. Upon registering suitable products in the campaign, the consumer is rewarded for returning the product to a Recyclium-certified storer or recycling centre, easily locatable through the app.
Effective for Developing Countries
Recyclium is particularly impactful in developing countries that lack essential infrastructure, can’t afford automated systems, and have limited pollution awareness. To stimulate collectors, recycling systems must be incentivized and reward acts promoting environmental sustainability. With the proper integration of waste tracking and tracing, waste supply information, and geolocation, we aim to raise public awareness about the importance of recycling, increase the amount of recycled materials, and expedite the establishment of recycling centres.
Cost-Effective Marketing Strategy
The Recyclium bounty system doubles as a cost-effective marketing strategy, beneficial to both the manufacturer’s reputation and the environment. We’re committed to reducing the amount of waste that goes to landfills or incinerators, focusing on reclaiming valuable resources from discarded items like plastics, cans, glass bottles or batteries. By implementing effective waste management metrics through tracking and recycling processes, companies can demonstrate their commitment to environmental responsibility while improving resource efficiency.
QR Code Tracking
Our tracking process begins when our customers, known as “Collectors,” scan the unique QR code from the bottle using the Recyclium app on their smartphones. This information is linked to their account, encouraging them to deliver the packaging/product to the nearest “Storer”, which could be a retailer, recycling facility, or even a manufacturer. The app locates the nearest “Storers,” who validate the ownership transfer of the stash by scanning a unique QR code with a complete set of recyclables recorded by the consumer for the transfer.
Bounty Payouts
When the recyclables are eventually delivered to the manufacturer or a designated recycling facility, the bounty is paid out in the form of a stable cryptocurrency such as BUSD/USDC/USDT or by alternative money transfer or phone provider transaction methods. This not only incentivises participation but also stabilises the revenue gained through bounty in nations with unstable national currencies. For receiving a bounty, no bank account or KYC process is required, making it easily accessible to all participants.
